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Dec 27, 2012
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you've got six days to prevent this country from going over the fiscal cliff and today at least, we didn't see any action. nothing. nothing, nada. now, i'm not trying to be a grinch here. i hope everyone's had a merry, merry christmas. just like the president prescribed. >> drink some eggnog, have some christmas cookies, sing some christmas carols. >> but today's the 26th. you've drunk, you eaten and you've sung. now is the time for action. the latest news out of washington tonight, treasury secretary tim geithner told congress that the country will hit the debt ceiling on december 31st, new year's eve, some two months earlier than expected. but there is still no date yet on when the house of representatives will be called into session to veto a vote on any deal. president obama cut his hawaiian vacation short and is due to land in washington tomorrow. but if politicians aren't feeling enough urgency, the american people certainly are. a new gallup poll shows that 50% of americans think a deal is likely. that's down nine points from just a few weeks ago. if we go over the cliff, it will af
you've got six days to prevent this country from going over the fiscal cliff and today at least, we didn't see any action. nothing. nothing, nada. now, i'm not trying to be a grinch here. i hope everyone's had a merry, merry christmas. just like the president prescribed. >> drink some eggnog, have some christmas cookies, sing some christmas carols. >> but today's the 26th. you've drunk, you eaten and you've sung. now is the time for action. the latest news out of washington tonight,...
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Dec 27, 2012
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." >>> "outfront" next, just six days until we all fall over the fiscal cliff and tonight, there's no action on capitol hill. will that change by the end of the year? tonight, two congressmen come "outfront" to talk specifics. plus, arizona's attorney general backs a plan reminiscent of the nra to arm school principles. does more guns in schools begin to add up? and the biggest political fumbles. the best of the worst from our the best of the worst from our politicians. -- captions by vitac -- www.vitac.com >>> i'm in for erin burnett. "outfront" tonight, christmas is over. washington back to work. the countydown is on. the clock is ticking. you've got six days to prevent this country from going over the fiscal cliff and today at least, we didn't see any action. nothing. nothing, nada. now, i'm not trying to be a grinch here. i hope everyone's had a merry, merry christmas. just like the president prescribed. >> drink some eggnog, have some christmas cookies, sing some christmas carols. >> but today's the 26th. you've drunk, you eaten and you've sung. now is the time for action. the la
." >>> "outfront" next, just six days until we all fall over the fiscal cliff and tonight, there's no action on capitol hill. will that change by the end of the year? tonight, two congressmen come "outfront" to talk specifics. plus, arizona's attorney general backs a plan reminiscent of the nra to arm school principles. does more guns in schools begin to add up? and the biggest political fumbles. the best of the worst from our the best of the worst from our...
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Nov 29, 2012
11/12
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barack obama bringing glad tidings of great joy to avoid the fiscal cliff. >> my hope is to get this done before christmas. i will go anywhere and do anything it takes to get this done. it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those presents. no smile from either one of them. but investors didn't care, they're excited about the present, the dow gained more than a full percent throughout the day. will we have a true christmas miracle? courtesy of those two. oh, let's hope that they don't wear those hats. i spoke this evening with republican senator john cornyn of texas, he's the republican whip and member of the finance committee, and i asked him what has he actually done to help get this deal done, not the night before, but before christmas. >> we have said that revenue, is something that the president said he needs, we have made the point t
barack obama bringing glad tidings of great joy to avoid the fiscal cliff. >> my hope is to get this done before christmas. i will go anywhere and do anything it takes to get this done. it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver...
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Dec 5, 2012
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has nothing to do with the fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those taxes did take place after the election. that's something we pointed out and is a fair point. but let me just ask you about the compromise we have to go to. because like i said, again, to get this done, taxes are -- i mean, they're going to go up on somebody. i just believe that this is what is going to happen. i think tom cole thinks it's going to happen. i think tom coburn thinks it's going to happen. i wanted to play a bite from him and get your reaction. here he is. >> sure. >> i'm okay to compromise even on some of my issues, if, in fact, we'll solve the problem. but what we have is a game being played for political -- for the extreme right wing and the extreme left win rather than coming together and leading and solving the problem. >> so grover norquist. if you had to accept the tax rates would go up, all right, just they're going to go up and they're going to go up on somebody. what would you re
has nothing to do with the fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those taxes did take place after the election. that's something we pointed out and is a fair point. but let me just ask you about the compromise we have to go to. because like i said, again, to get this done, taxes are -- i mean, they're going to go up on somebody. i just believe that this is what is going to happen. i think tom cole thinks it's going to happen. i think...
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Dec 1, 2012
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this fiscal cliff though is not child's play. it's just 33 days away and today, president obama's visit to a toy factory in pennsylvania had everyone acting a bit childish. >> i've been keeping my own naughty and nice lists. >> we're not interesting in playing rope a dope. >> i wasn't going to have him building roller coasters all day long. >> sure, who doesn't want to be a kid again, but washington, you have real work to do. a looming fiscal cliff and what are we hearing? as republican senator jeff sessions says -- >> a lot of flimflam. >> flimflam. we told you last night that treasure secretary tim geithner hop-scotched his way down pennsylvania avenue to bring the president's proposal from the white house to capitol hill and instead of offering compromise, he leapt to the extreme. in case you forgot, here's what his plan does. his plan taxes $1.6 trillion of taxes. higher tax rates on people, families making more than $250,000 as well as closing loopholes, limiting deductions, raising the estate tax rate and increasing the tax
this fiscal cliff though is not child's play. it's just 33 days away and today, president obama's visit to a toy factory in pennsylvania had everyone acting a bit childish. >> i've been keeping my own naughty and nice lists. >> we're not interesting in playing rope a dope. >> i wasn't going to have him building roller coasters all day long. >> sure, who doesn't want to be a kid again, but washington, you have real work to do. a looming fiscal cliff and what are we...
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Dec 11, 2012
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is the fiscal cliff really a fiscal slope. a downward spiral to something much worse. the possibility of going off the cliff is just 22 days away, and it sounds pretty ominous, but it could be a walk in the part compared with what could happen if lawmakers don't take a closer look at our bigger debt picture and soon. because what they're talking about is peanuts. president obama was in michigan today pushing his fiscal cliff plan. he made the solution sound so simple. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class familiefamilies, w some tough spending cuts on things we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> but not so fast, mr. president. we need a little more than you're talking about. president obama says his plan reduces the deficit by $4 trillion over ten years. forget the fact it counts war savings which shouldn't count. let's go with the $4 trillion. john boehner said his plan cuts $2.2 trillion over ten years. you shouldn't be comparing those two nu
is the fiscal cliff really a fiscal slope. a downward spiral to something much worse. the possibility of going off the cliff is just 22 days away, and it sounds pretty ominous, but it could be a walk in the part compared with what could happen if lawmakers don't take a closer look at our bigger debt picture and soon. because what they're talking about is peanuts. president obama was in michigan today pushing his fiscal cliff plan. he made the solution sound so simple. >> when you put it...
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Nov 30, 2012
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cliff now and they're calling it the fiscal cliff because they don't want to e embrace either the tax increases or spending cuts and i think it's foolish to think this congress can come up with a better deal. >> you know what's interesting, to eric's point, there is a great irony in this that the democrats are saying we've got to raise taxes and the fiscal cliff does both. just not in the way anybody wants it, so if they can't do that, how are they going to find a way they can all agree on? >> the superfailed committee. this is a giant hatchet as opposed to a scalpel. >> it was designed to fail. >> i agree, but the real solution and real irony is going to be the ultimate deal's going to look like the obama boehner grand bargain that was negotiated and almost done in the summer of 2011. the fact that we couldn't make that deal then i think's a tragedy for the country. one of the thing's it did was lead to that aaa downgrading. that was unnecessary. >> let me just follow up on this point of what republicans should accept. you said you'd go back to the clinton era tax rates if you could
cliff now and they're calling it the fiscal cliff because they don't want to e embrace either the tax increases or spending cuts and i think it's foolish to think this congress can come up with a better deal. >> you know what's interesting, to eric's point, there is a great irony in this that the democrats are saying we've got to raise taxes and the fiscal cliff does both. just not in the way anybody wants it, so if they can't do that, how are they going to find a way they can all agree...
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Nov 13, 2012
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cliff, this crisis, whicwill really create chaos if we go the fiscal cliff and don't get a deal there after. i'm really worried about that. >> that brings me to something paul krugman wrote. the title is let's not make a deal. nothing bad will happen with the economy if the agreement isn't reached into 2013. so it's time to bargain. the stalemate would hurt republican backers every much as it hurt the rest of the country. as the risk of severe damage grew -- to cut a deal after all. a few months into next year? >> i think that's crazy. you know, why would you bet the country, really put bet the country but going over this fiscal cliff? if we go over this cliff, you'll see another 2 million people lose their jobs. the unemployment rate go up to say 9% and the rate of growth sloweded. we can go and immediately get a deal, that would be okay, but if we go over the cliff and don't get a deal right away, i think you're really going to create an enormous problem. >> now, on revenue, i know as part of plan, you assume bush tax rates would go up, loopholes would close, but is there room for c
cliff, this crisis, whicwill really create chaos if we go the fiscal cliff and don't get a deal there after. i'm really worried about that. >> that brings me to something paul krugman wrote. the title is let's not make a deal. nothing bad will happen with the economy if the agreement isn't reached into 2013. so it's time to bargain. the stalemate would hurt republican backers every much as it hurt the rest of the country. as the risk of severe damage grew -- to cut a deal after all. a few...
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Dec 12, 2012
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this is not the first fiscal cliff. we have a fiscal cliff every year with renewing the amt, with fixing the medicare payment rate, the so-called doc fix. we make policy in a crazy way in this country. what i think republicans are trying to do is say let's look at structural solutions that can lower the cost of these programs over the long term rather than doing a patch at the last minute every darn year. that's the way we make policy and it is absolutely crazy. >> amen. >> don't go out tonight. we could have further details breaking as we speak. thanks to both of you. >>> coming up next, on "outfront" it's been exactly three months, three months, since terrorists attacked our u.s. mission in benghazi and yes, you haven't seen a head line about an arrest and any justice in any form. >>> also, new information about that navy s.e.a.l. who died during a daring rescue mission in afghanistan. we will go to his hometown, meet the people who knew him best, hear more about him. >>> also, the nurse who committed suicide after fa
this is not the first fiscal cliff. we have a fiscal cliff every year with renewing the amt, with fixing the medicare payment rate, the so-called doc fix. we make policy in a crazy way in this country. what i think republicans are trying to do is say let's look at structural solutions that can lower the cost of these programs over the long term rather than doing a patch at the last minute every darn year. that's the way we make policy and it is absolutely crazy. >> amen. >> don't go...
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Nov 13, 2012
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and how will the president and congress avoid the fiscal cliff? erskine bowles comes outfront swinging next. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. hi, i just switched jobs, and i want to roll over my old 401(k) into a fidelity ira. man: okay, no problem. it's easy to get started; i can help you with the paperwork. um...this green line just appeared on my floor. yeah, that's fidelity helping you reach your financial goals. could you hold on a second? it's your money. roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occa
and how will the president and congress avoid the fiscal cliff? erskine bowles comes outfront swinging next. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. hi, i just switched jobs, and i want to roll over my old 401(k) into a fidelity...
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Nov 13, 2012
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and how will the president and congress avoid the fiscal cliff? erskine bowles comes outfront swinging next. don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. introducing the new droid razr maxx hd by motorola. now more than ever droid does. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the
and how will the president and congress avoid the fiscal cliff? erskine bowles comes outfront swinging next. don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. introducing the new droid razr maxx hd by...
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Nov 13, 2012
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so would a deal to keep us from falling over the fiscal cliff. and now, our fourth story "outfront." the woman behind the resignation of general david petraeus. tonight, there are growing questions about the 40-year-old biographer of general petraeus. cnn has learned the affair started two months after petraeus took over the cia, back in september of 2011 and ended about four months ago. chris lawrence on who she is. the woman at the heart of this investigation. >> holly petraeus and broadwell were separated by just five seats at david petraeus' confirmation hearing to become cia director. the affair wouldn't begin for another couple of months, but the attraction was there. a long time friend of petraeus says years in the war zone had left him isolated. petraeus didn't have anyone on his level he could talk to candidly, so when paula broadwell came along, quote, he enjoyed her company. she was an attractive gal and shed things in common, but the friend tells cnn, after the affair destroyed his career, he reflected on the relationship and came the
so would a deal to keep us from falling over the fiscal cliff. and now, our fourth story "outfront." the woman behind the resignation of general david petraeus. tonight, there are growing questions about the 40-year-old biographer of general petraeus. cnn has learned the affair started two months after petraeus took over the cia, back in september of 2011 and ended about four months ago. chris lawrence on who she is. the woman at the heart of this investigation. >> holly...
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Dec 28, 2012
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cliff happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that what happens here in washington, is that nothing really happens until they're really up against the deadline. that's why i'm also told by some democrats who really know what the process is going to be, if there is one, that they don't even see this potentially happening, if there is any kind of legislation that goes before december 31st, until probably that day, december 31st, because the pressure will have to be on to get enough republicans in the house and the senate, to pass this. >> right up to the edge. thank you, dana. thank you, jessica. now, right now, the most likely deal on the table see
cliff happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that...
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if the fiscal cliff came to pass it's a choice by our elected officials to have it come to pass. the fed said no we don't like that policy so we'll change it. i wonder if that's really his call. if we decide to do something dumb we've decided to do something dumb much it's not for the fed to say we'll protect you from yourself. he's creeping over an area for the fed that can be dicey. >> thanks very much to jim bianco. barney frank is in a feud with the log cabin republicans. it backs lgbt rights. frank is openly gay and he is married now and recently criticized the group for its support of the gop. so here's what frank originally said and why he stands by what was a very controversial comment. >> i now understand why they call themselves the log cabin republicans, their role model is uncle tom. >> we reached out to them. they were very upset by that comparison you made toungcle tom. they said your denial of log cabin republicans success particularly on don't-ask, don't-tell is surprising. it is time for him to pass on the about aton to leaders better suited to a world where equa
if the fiscal cliff came to pass it's a choice by our elected officials to have it come to pass. the fed said no we don't like that policy so we'll change it. i wonder if that's really his call. if we decide to do something dumb we've decided to do something dumb much it's not for the fed to say we'll protect you from yourself. he's creeping over an area for the fed that can be dicey. >> thanks very much to jim bianco. barney frank is in a feud with the log cabin republicans. it backs...
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Dec 11, 2012
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so is the speaker losing the fiscal cliff pr battle? the american people are blaming him. >> well, the speaker's trying to have a conversation with the president about how to solve the nation's problems. and the president is out on the campaign trail. the president prefers to campaign trail to the hard and rough road of true leadership in washington, d.c. i kind of think the president might have overplayed his hand here a little bit. if he were smart, the american people would be a little more expecting of him to be in washington to fix this before christmas. we're all a little bit tired of this campaign drama. i was looking at pictures today of the president out in michigan. i thought, wait a minute, i thought the election was over. people are going to see through this. you cannot sell them short. they'll figure it out. ben, to terry's point, we know americans support raising taxes on people who make over $250,000. that's not many people and most people support other people paying more taxes. so if most people support it, why is he out
so is the speaker losing the fiscal cliff pr battle? the american people are blaming him. >> well, the speaker's trying to have a conversation with the president about how to solve the nation's problems. and the president is out on the campaign trail. the president prefers to campaign trail to the hard and rough road of true leadership in washington, d.c. i kind of think the president might have overplayed his hand here a little bit. if he were smart, the american people would be a little...
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yep, this is how one man sees the fiscal cliff and it's a pretty important man. this is alan simpson. ♪ yep. that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> it's not that tough. he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his famil
yep, this is how one man sees the fiscal cliff and it's a pretty important man. this is alan simpson. ♪ yep. that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about...
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May 16, 2012
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this is the so-called fiscal cliff. $15 trillion in debt climbing every day. $2.8 trillion in tax cuts scheduled to expire this year. another debt ceiling drama looming. if we hit this cliff, we'll die. tonight i spent the day hearing the conversation at the fiscal summit from the key players, a bipartisan group including president bill clinton, treasury secretary timothy geithner, house budget committee chair paul ryan, house speaker john boehner, alan simpson, and what i heard from awful them is a bipartisan call for action and alarm. >> the next into years could be the most consequential two years we see in washington and have seen in the last 50 or 60 years. >> and interest rates will go up so fast you won't be able to catch your breath. >> how much? how much are they going snup some wall street investors, the most bearish, say americans could relive the late '70s, early '80s. one investor told me he's mauking big bets in the treasury market, 17% for a mortgage. that may be incredibly dire, but it's happened before. debt on debt on debt means interest on interest on interest. so we
this is the so-called fiscal cliff. $15 trillion in debt climbing every day. $2.8 trillion in tax cuts scheduled to expire this year. another debt ceiling drama looming. if we hit this cliff, we'll die. tonight i spent the day hearing the conversation at the fiscal summit from the key players, a bipartisan group including president bill clinton, treasury secretary timothy geithner, house budget committee chair paul ryan, house speaker john boehner, alan simpson, and what i heard from awful them...
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Nov 17, 2012
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what was the fiscal cliff? it was a trigger in the debt ceiling debate. they like them, and it makes you wonder, are we going to be dealing with fiscal cliff 2.0 next year? we might. >> thank you very much. >>> rebuilding the republican party. following some big election day losses, the question remains, what exactly is the republican party's future? former congress carlos gutierrez that led latino voters spoke to candy. he said he would disavow so-called gifts from president obama to minorities and young voters to help him win. >> i was shocked. i was shocked, and frankly, i don't think that's why the republicans lost the elections, why we lost the election. i think we lost the election because the far right of this party has taken the party to a place that it doesn't belong. we are the party of prosperity of growth, of tolerance. these immigrants who come across and what they do wrong is they risk their lives and they come here and work because they want to be part of the american dream. that is what the gop is. >> james carville and raylon salom. do yo
what was the fiscal cliff? it was a trigger in the debt ceiling debate. they like them, and it makes you wonder, are we going to be dealing with fiscal cliff 2.0 next year? we might. >> thank you very much. >>> rebuilding the republican party. following some big election day losses, the question remains, what exactly is the republican party's future? former congress carlos gutierrez that led latino voters spoke to candy. he said he would disavow so-called gifts from president...
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Nov 8, 2012
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perhaps investors confronted the fiscal cliff and what's going on in greece. they need another $40 billion. china's slowing and we've got 2% gdp growth. fairly tepid. >> the credit rating agencies, the we couldn't make a deal last time around. fitch was one of them just hours after the president was re-elected. said if they don't avoid the fiscal cliff, we're going to face another downgrade. they say hey look, the first downgrade, it still hasn't caused interest rates to surge. should we be? >> we saw the rates rally and go lower after the last debt downgrade and today, even though things look worrisome, we saw the ten-year treasury bond go even lower. absolutely amazing. the federal reserve reserve is targeting inflation close to 2% and the government saying the government's willing to pay 1.62% for a ten-year piece of debt. investors are very skiddish and looking for a return of capital, so i think it continues to be a big deal and we have to stay focused. and these problems have to be addressed with congress showing real leadership. time's running out and p
perhaps investors confronted the fiscal cliff and what's going on in greece. they need another $40 billion. china's slowing and we've got 2% gdp growth. fairly tepid. >> the credit rating agencies, the we couldn't make a deal last time around. fitch was one of them just hours after the president was re-elected. said if they don't avoid the fiscal cliff, we're going to face another downgrade. they say hey look, the first downgrade, it still hasn't caused interest rates to surge. should we...
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Nov 27, 2012
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we're talking about the fiscal cliff. one of the urgent matters this lame duck congress needs to address before the end of the year and even though the tax increases are going to take effect in 36 days, there's still only talk of a compromise, so can congress actually walk the walk or are we going to go off this cliff? up next, mike lee of utah. really appreciate you taking the time. you wrote an op-ed in the washington times and said quote, delaying significant fiscal restraint will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal avalanche. we can see when the fiscal cliff is about to hit. the avalanche occurs when people stop buying u
we're talking about the fiscal cliff. one of the urgent matters this lame duck congress needs to address before the end of the year and even though the tax increases are going to take effect in 36 days, there's still only talk of a compromise, so can congress actually walk the walk or are we going to go off this cliff? up next, mike lee of utah. really appreciate you taking the time. you wrote an op-ed in the washington times and said quote, delaying significant fiscal restraint will send the...
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unfortunately, we're edging closer and closer to the fiscal cliff. american households will see an average tax increase of $3,500 each if congress does not do something to avert the fiscal cliff, in which everything from payroll taxes to full tax rates will go up. >>> and now our fourth story outfront. under attack by hackers. this was pretty incredible because the white house today confirmed that its military office was the target of a cyber attack with a suspected attacker, china. this is the office responsible for the united states of america's nuclear warplane. now, cnn has learned this was an unclassified network which was hit. officials say they dealt with the threat, but these attacks are relentless and the pentagon encounters thousands of them a day. how does washington keep up with this threat? "outfront" tonight, retired colonel cedric leighton. colonel, great to see you. the white house is saying we dealt with this, still, this is the white house. this is an office which is responsible for the united states of america's nuclear war plans h
unfortunately, we're edging closer and closer to the fiscal cliff. american households will see an average tax increase of $3,500 each if congress does not do something to avert the fiscal cliff, in which everything from payroll taxes to full tax rates will go up. >>> and now our fourth story outfront. under attack by hackers. this was pretty incredible because the white house today confirmed that its military office was the target of a cyber attack with a suspected attacker, china....
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ratings agency fitch warns it may downgrade if the leaders can't make a deal on the fiscal cliff. the agency says it could tip the u.s. into an unavoidable recession. apparently what is needed is an increase in revenue and a cut in spending, which is what a fiscal cliff does. >>> tonight, connecticut is remembering the victims of sandy hook elementary school and resident thes of neighboring towns are gathering to pay tribute to the murdered children and adults. gary tuchman is in danbury, which is about a 20 minute drive from newtown, i know, gary, you are at a vigil tonight. >> well, that's right, erin. all over the orfe anisabt atapne o'spki.aor3 ocue ivsi, pthe situation. no one remembers him from grade school, high school, from college. people just don't have memory of this guy. we'll obviously learn more in the days, weeks, months to come, but he was basically an invisible person it seems. >> all right. thank you very much. gary tuchman. >>> a big question a lot of people are continuing to ask is how this happened. why it happened and is there something when you're born, that
ratings agency fitch warns it may downgrade if the leaders can't make a deal on the fiscal cliff. the agency says it could tip the u.s. into an unavoidable recession. apparently what is needed is an increase in revenue and a cut in spending, which is what a fiscal cliff does. >>> tonight, connecticut is remembering the victims of sandy hook elementary school and resident thes of neighboring towns are gathering to pay tribute to the murdered children and adults. gary tuchman is in...